Bank

Canadian banks are safe

Investors worldwide are deeply concerned about the stability of their banks. Canadians, though, have nothing to worry about, with seven of our banks listed on Global Finance’s 21st annual ranking of the world’s 50 safest banks.

By Staff |August 20, 2012

1 min read

Regulators probe four major banks

The LIBOR rate probe has turned its focus to Crédit Agricole, HSBC, Deustche Bank and Société Générale, reports Financial Times.

By Staff |July 19, 2012

1 min read

B2B Trust converts to bank

B2B Trust has converted into a federally chartered bank named B2B Bank, effective immediately. Also, the company now offers a branded line of mortgage products—all other products and services remain unchanged. B2B is a subsidiary of Laurentian Bank and does business with more than 23,000 financial advisors.

By Staff |July 9, 2012

1 min read

More trouble for JPMorgan

JPMorgan Chase is under scrutiny again. The Financial Times reports the Federal Energy Regulatory Commission, which is the U.S. electricity regulator, has subpoenaed JPMorgan Chase twice in the past three months.

By Wire services |July 3, 2012

2 min read